Joseph P. Lucia & Associates LLC Grows Position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Joseph P. Lucia & Associates LLC grew its stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 81.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,963 shares of the investment management company’s stock after purchasing an additional 9,380 shares during the period. Joseph P. Lucia & Associates LLC owned approximately 0.05% of BlackRock MuniYield New York Quality Fund worth $211,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wolverine Asset Management LLC acquired a new position in BlackRock MuniYield New York Quality Fund during the third quarter worth about $335,000. Joel Isaacson & Co. LLC grew its holdings in shares of BlackRock MuniYield New York Quality Fund by 27.9% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 22,360 shares of the investment management company’s stock worth $241,000 after acquiring an additional 4,877 shares during the period. Tallon Kerry Patrick purchased a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at approximately $122,000. Walleye Capital LLC purchased a new position in BlackRock MuniYield New York Quality Fund in the 3rd quarter valued at approximately $167,000. Finally, Landscape Capital Management L.L.C. raised its holdings in BlackRock MuniYield New York Quality Fund by 154.6% during the third quarter. Landscape Capital Management L.L.C. now owns 29,808 shares of the investment management company’s stock worth $321,000 after purchasing an additional 18,098 shares during the last quarter. 29.32% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield New York Quality Fund Price Performance

BlackRock MuniYield New York Quality Fund stock opened at $10.14 on Tuesday. BlackRock MuniYield New York Quality Fund, Inc. has a fifty-two week low of $9.99 and a fifty-two week high of $10.87. The stock’s fifty day moving average is $10.29 and its two-hundred day moving average is $10.45.

BlackRock MuniYield New York Quality Fund Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.0512 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.61 dividend on an annualized basis and a yield of 6.06%. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04.

BlackRock MuniYield New York Quality Fund Company Profile

BlackRock MuniYield New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.